Walt Disney Co (NYSE:DIS) Stock Holdings Lowered by ICM Asset Management Inc. WA

ICM Asset Management Inc. WA reduced its holdings in Walt Disney Co (NYSE:DIS) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,815 shares of the entertainment giant’s stock after selling 357 shares during the quarter. Walt Disney accounts for 0.8% of ICM Asset Management Inc. WA’s holdings, making the stock its 28th biggest position. ICM Asset Management Inc. WA’s holdings in Walt Disney were worth $986,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. WealthTrust Axiom LLC grew its position in Walt Disney by 0.9% during the fourth quarter. WealthTrust Axiom LLC now owns 7,751 shares of the entertainment giant’s stock valued at $1,121,000 after purchasing an additional 70 shares in the last quarter. HNP Capital LLC grew its position in Walt Disney by 2.7% during the fourth quarter. HNP Capital LLC now owns 2,781 shares of the entertainment giant’s stock valued at $402,000 after purchasing an additional 73 shares in the last quarter. MACRO Consulting Group grew its position in Walt Disney by 4.3% during the fourth quarter. MACRO Consulting Group now owns 1,877 shares of the entertainment giant’s stock valued at $271,000 after purchasing an additional 77 shares in the last quarter. Cardan Capital Partners LLC grew its position in Walt Disney by 4.9% in the fourth quarter. Cardan Capital Partners LLC now owns 1,645 shares of the entertainment giant’s stock worth $238,000 after acquiring an additional 77 shares in the last quarter. Finally, Inspirion Wealth Advisors LLC grew its position in Walt Disney by 3.0% in the fourth quarter. Inspirion Wealth Advisors LLC now owns 2,644 shares of the entertainment giant’s stock worth $382,000 after acquiring an additional 78 shares in the last quarter. Institutional investors and hedge funds own 64.25% of the company’s stock.

Several research firms have commented on DIS. Evercore ISI reissued a “buy” rating and issued a $155.00 target price on shares of Walt Disney in a research report on Monday, November 11th. Guggenheim boosted their target price on shares of Walt Disney from to in a research report on Wednesday, February 5th. BMO Capital Markets boosted their target price on shares of Walt Disney from $165.00 to $175.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Zacks Investment Research downgraded shares of Walt Disney from a “buy” rating to a “hold” rating and set a $152.00 target price for the company. in a research report on Wednesday, February 5th. Finally, Moffett Nathanson reissued a “buy” rating and issued a $165.00 target price on shares of Walt Disney in a research report on Wednesday, February 5th. Seven analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. Walt Disney presently has a consensus rating of “Buy” and an average target price of $160.36.

In related news, EVP Brent Woodford sold 4,000 shares of the company’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $152.16, for a total transaction of $608,640.00. Following the completion of the transaction, the executive vice president now directly owns 36,479 shares in the company, valued at approximately $5,550,644.64. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Alan N. Braverman sold 1,113 shares of the company’s stock in a transaction on Thursday, December 19th. The shares were sold at an average price of $146.32, for a total transaction of $162,854.16. Following the transaction, the executive vice president now owns 102,789 shares of the company’s stock, valued at $15,040,086.48. The disclosure for this sale can be found here. Insiders sold 10,258 shares of company stock valued at $1,525,940 over the last 90 days. 0.31% of the stock is owned by corporate insiders.

Shares of Walt Disney stock opened at $140.90 on Friday. The firm has a fifty day simple moving average of $143.04 and a 200-day simple moving average of $139.53. The company has a current ratio of 0.80, a quick ratio of 0.75 and a debt-to-equity ratio of 0.40. Walt Disney Co has a 1-year low of $107.32 and a 1-year high of $153.41. The stock has a market capitalization of $254.39 billion, a price-to-earnings ratio of 22.51, a PEG ratio of 5.21 and a beta of 1.00.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, February 4th. The entertainment giant reported $1.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.44 by $0.09. Walt Disney had a net margin of 13.81% and a return on equity of 10.23%. The business had revenue of $20.86 billion during the quarter, compared to analysts’ expectations of $20.84 billion. During the same period in the previous year, the company earned $1.84 earnings per share. Walt Disney’s revenue for the quarter was up 36.3% on a year-over-year basis. As a group, research analysts predict that Walt Disney Co will post 5.38 earnings per share for the current year.

The company also recently disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were paid a $0.88 dividend. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, December 13th. Walt Disney’s payout ratio is 30.50%.

Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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